In the spirit of Hollywood writers borrowing each others scripts:
Choose All That Apply
Sequel Script 1 - BRexit undone for your own good - all is forgiven
RE: Gideon Rachman, one of the Financial Timesí
numerous globalist scolds, professed that his depression about the Brexit vote:
Talk about not waiting for the body to get cold. The establishment oracles are out in force today proclaiming that Brexit has already been cancelled.
The argument is that the unwashed masses outside of Greater London have shot themselves in the foot.
"Any long-term observer of the EU should be familiar with the shock referendum result. In 1992 the Danes voted to reject the Maastricht treaty. The Irish voted to reject both the Nice treaty in 2001 and the Lisbon treaty in 2008. And what happened in each case? The EU rolled ever onwards. The Danes and the Irish were granted some concessions by their EU partners. They staged a second referendum."
Sequel Script 2 - Britain Leads - Time for Banks to pay the Piper
Jim Rodgers - legendry investor
ďThis is going to be worse (for USA) than any bear market that youíve seen in your lifetime. 2008 was pretty bad because of debt, well the debt all over the world is much, much higher now."
Thinks USD will be safe, doesn't feel this will champion gold.
Note: This was his Upbeat statement!
Sequel Script 3 - Germany's diagnosis of Britain's insanity
German Chancellor Angela Merkel warned the U.K. to have no illusions about life outside the European Union, hardening her stance ahead of Prime Minister David Cameronís first meeting with fellow E.U. leaders since triggering the political earthquake thatís shaken the blocís foundations.
Angela Merkel landed in Britain with a sack of IOU's. The young custom agent looked at her passport and asked:
Q. Country? A. Germany
Q. Occupation A. Probably
Kidding aside, actual quote: ďMy only advice to our British friends is: Donít delude yourself about the necessary decisions that need to be taken
Sequel Script 4: Britain Becomes new leader of Europe
A survey published on Monday by the European Council on Foreign Relations (ECFR) found a total of 33 popular referendums in the coming year. The parties have disparate motivations and sit on both sides of the political spectrum, but they share a common sense of discontent about the E.U. (Telegraph
Marine Le Pen is president of the National Front party in France quoted in the N.Y. Times bows to the courage, insight and understanding of the British people.
sequel Script 5: China pushes Gold for new Reserve Currency
In an admission of the fragility of the global financial system, Chinese Premier Li warns that a disillusioned British butterfly has flapped its wings and the entire global financial system could collapse
China, the biggest gold buyer, is joining a rush for the precious metal after the Brexit referendum disrupted global markets, boosting demand for haven assets. ďsign that thereís some move toward an end game of sorts.
What is Your guess for a BRexit Sequel? Or add another.
I am going with a combination of 4 and 5
#4 After a period of adjustment, I feel Britain will lead the new recovery.
It is like moving out of the house into a new one after breaking off a toxic relationship. Sure, the ex kept some of your stuff out of spite and it seems hard to find things in all those boxes. But, things will get better.
#5 BRexit was the Central Bank Stress Test that validated my fears of debt ridden currencies. While Brexit only contributed about 6% so far, investment gains for 2016 are just touching 100% gains. Brexit will just support this inevitable outcome. .